Conference Centre

[sustainibertarian]

The BISH report centers on a couple of items that are not 100% correct either through a misconception of words used (impact and benefits) or Bish's opinion of the number of convention (conference) days.

The differentiation of economic impacts and benefits is not simply a misconception of words used. The net benefits are the return on a project. To examine the return on the expenditure (both initial capital costs and operating costs) of the conference center (be it a positive or negative return), you need to measure the profit that the various businesses receive from the economic impacts. This is simple information one can receive from an introductory finance or economics textbook.

One study was for the hotel, the other was for the conference center, but did not include a cost benefit analysis. Bish's conference delegate day estimate is derived from the conference centre feasibility study, is it not? But you disagree with the study? What else is there to go by? All that is left is the experiences of other cities. But in an earlier post you rejected that, except for maybe a few other BC towns and cities?

[Smokey©]

The differentiation of economic impacts and benefits is not simply a misconception of words used. The net benefits are the return on a project. To examine the return on the expenditure (both initial capital costs and operating costs) of the conference center (be it a positive or negative return), you need to measure the profit that the various businesses receive from the economic impacts. This is simple information one can receive from an introductory finance or economics textbook.

One study was for the hotel, the other was for the conference center, but did not include a cost benefit analysis. Bish's conference delegate day estimate is derived from the conference centre feasibility study, is it not? But you disagree with the study? What else is there to go by? All that is left is the experiences of other cities. But in an earlier post you rejected that, except for maybe a few other BC towns and cities?

If there is a textbook that gives that information, then why is a hired gun brought in to shoot the City in the foot? And remember, the City consists of the entire population, not just Council or the Mayor. You know why we don't have the real figures for the return. . . . because it cannot be determined exactly.

We need to come together as a City and be positive and promote the heck out of this Centre. .. Make it work for our own benefit. . .. we can do it . . .. .. we can do anything if we all work together rather then blame each other and complain that we lost the vote . . . . .Those that lost the vote have had enough time for reflection and need to get on the bandwagon. . . cause the Centre is built and ready for people . .. . There is no hole left. .. . There is a big beautiful building . . . . embrace it.

Time will tell what WILL HAPPEN in NANAIMO. The projections and forecasts are just that . . .. .. FIGURES. . as we all know. .. well, ok, as some of us know . . . .. liars figure and figures lie.

[dilligaf]

All I am hearing is, "I can't refute Bish's points, so I am going to keep throwing out the 'rent an expert argument.'" What do you disagree with in the report and why?

Hear what you like. What I am saying is that there is nothing of substance to consider let alone refute. When arguments are presented based in fact and not in money, I will consider them.

As presented, they deserve zero consideration. Its time that the Friends of Plan Nanaimo start telling the truth. And that will only happen when everyone refuses to listen to anything but the truth

[sustainibertarian]

Hmmm, sure a lot of diversion tactics going on here. I guess when you can't refute an argument, a lot of people resort to discrediting it in some way or another. e.g. "Their just figures." "He's being payed off." "It must be impossible if the city didn't do it" (are you kidding me!) etc. Sorry boys and girls, I won't waste any more time with dead end argumentation and false logic, but thanks for the mouthful anyway.

last conference centre post by,
SBN

[Smokey©]

last conference centre post by,
SBN

That was TOOO easy . .. .

[dilligaf]

last conference centre post by,
SBN

Yaaay. Maybe we can move on.

[NanaimoJake]

I went into a the confernce center the other day and was amazed by how well it was designed. I wasn't really on board with it until I started to see some of the other business it was helping create downtown. Some of the convention rooms look just like places in Vegas, LA, New York. They did a first class job and people will be visiting on more than one occassion.

If you are against whole idea of the center, give it a chance and at least go downtown and take a look at it and the surrounding businesses. Then think back 3 years and what that area looked like...I think most of you will agree it is a good thing for our downtown and city as a whole.

[dilligaf]

I went into a the confernce center the other day and was amazed by how well it was designed. I wasn't really on board with it until I started to see some of the other business it was helping create downtown. Some of the convention rooms look just like places in Vegas, LA, New York. They did a first class job and people will be visiting on more than one occassion.

If you are against whole idea of the center, give it a chance and at least go downtown and take a look at it and the surrounding businesses. Then think back 3 years and what that area looked like...I think most of you will agree it is a good thing for our downtown and city as a whole.

Well said!!

[wino]

I went into a the confernce center the other day and was amazed by how well it was designed. I wasn't really on board with it until I started to see some of the other business it was helping create downtown. Some of the convention rooms look just like places in Vegas, LA, New York. They did a first class job and people will be visiting on more than one occassion.

If you are against whole idea of the center, give it a chance and at least go downtown and take a look at it and the surrounding businesses. Then think back 3 years and what that area looked like...I think most of you will agree it is a good thing for our downtown and city as a whole.

I agree! The downtown and Nanaimo as a whole need to start looking forward rather than arguing over the same old thing. It is built now so whether or not it took too long, cost too much, etc etc let's start focussing on the (hopefully) rejuvenation of a vibrant dynamic downtown core where tourists come to visit rather than pass through on their way to Tofino ...or the mall!

[RyanCoffey]

Jake,

My feelings EXACTLY. I mean, to the word.